On January 1, 2016. Legion Company sold $250,000 of 6% ten-year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were sold for $163,976. priced to yield 12%. Legion records interest at the effective rate. Legion should report bond interest expense for the six months ended June 30. 2016. in the amount of $7,500 $15,000 $9,839 $30,000